Headlight Control Module Market

Headlight Control Module Market by Technology (Halogen, LED, Xenon), Application (On/Off, Bending/Cornering, High Beam Assist, and Headlight Leveling), Vehicle Type, Passenger Vehicle Segment, And Region- Global Forecast to 2027

Report Code: AT 7205 Jun, 2019, by marketsandmarkets.com

[162 Pages Report] The global headlight control module market is projected to grow from USD 3.6 billion in 2019 to USD 5.0 billion by 2027, at a CAGR of 4.3% during the forecast period. Increase in premium and SUV sales, and advancements in lighting technology are some of the major factors driving the growth of the global market.

Headlight Control Module Market

Headlight control module used for LED headlight technology is estimated to grow the fastest during the forecast period

LED headlights are offered typically in the premium vehicles due to their various benefits such as less power consumption, more adaptive features, and aesthetically appealing looks. Due to such features, LED is considered as the major market for headlight control modules and the same is expected to continue in the future.

Headlight control module market for the passenger vehicle segment is estimated to grow at a faster rate than the light commercial vehicle segment

Penetration of adaptive headlight in the passenger vehicle segment is higher in comparison to the light commercial vehicle segment. The rising sales of passenger vehicles, coupled with the willingness of consumers to pay more for personal cars, are expected to drive this market in this segment. Global passenger vehicle production increased from 69.5 million units in 2016 to 70.8 million units in 2017.

High beam assist continues to have the largest market share during the forecast period

Headlight control module used for providing an automatic high beam is beneficial for driving, especially on highways, as it automatically switches between high beam and low beam, based on the oncoming traffic from the opposite direction. Regulations regarding driving and lighting, coupled with the increasing traffic along with rising consumer awareness regarding safety while driving is expected to drive the growth of this segment during the forecast period.

Headlight Control Module Market

Asia Pacific is the largest growing market during the forecast period

The Asia Pacific is anticipated to grow at the fastest rate in the global headlight control module due to high consumer adoption and high sales of automobiles. China and Japan garnered the largest shares within the market due to the high production and sales of vehicles domestically. Additionally, manufacturers in these countries focus on technological advancements, including lighting, thus, driving the demand for headlight control modules. The rise in the consumer per capita income and high sales of SUVs in emerging economies such as India will drive the market further.

There has been a high demand for headlight control due to the increase in premium car sales. Increasing adoption of these modules in the lower and mid-segment cars is expected to open new opportunities for the growth of the market in this region during the forecast period.

Key Market Players

The headlight control module market is dominated by players like Hella (Germany), Valeo (France), Continental (Germany), Denso (Japan), Hyundai Mobis (South Korea), Aptiv (Ireland), Osram (Germany), Magnetic Marelli (Italy), ZKW (Austria), Renesas (Japan), Lear Corporation (United States), Koito (Japan), NXP (Netherlands), Keboda (China), and Keetec (Slovakia).

The key strategies adopted by major companies to sustain their position in the market are expansions, contracts and agreements, and partnerships.
Hella (Germany) is the leading player in the global market. It has a diverse portfolio and is one of the oldest players in the automotive headlight technology established in 1899. The company is present across Europe, North America, Asia Pacific, Russia, and Brazil through its strong network.

Recent Developments by Hella

  • In October 2018, Hella introduced a smart headlight technology research project for efficient development of intelligent headlamps. The project aims at developing an intelligent headlamp that not only detects potential changes in performance at an early stage (condition monitoring) but is also capable of compensating for them (self-healing).
  • In May 2018, Hella introduced a car featuring HD Matrix LED headlamps with high laser beams allowing illumination of roads even more dynamically and precisely while providing drivers with better vision.
  • In January 2018, Hella developed comprehensive lighting package for new Audi A8 which includes Matrix LED headlamps and high laser beams for more safety
  • In April 2017, Hella expanded its presence in the Chinese market by launching a new joint venture with BHAP, part of the BAIC automotive group, to deal in electronic components. Hella was engaged in a joint venture for lighting systems with BHAP since 2014.

Key Questions addressed by the report

  • What is the scenario of the headlight control module in different regions (Europe/North America /Asia Pacific/Brazil/Russia)?
  • Which of the applications (On/Off, bending/curve, high beam assist, headlight levelling) will fare ahead of the others?
  • What are the key market trends impacting the growth of the global market?
  • Which of the technologies (halogen, LED, xenon) is likely to be implemented the most during the next 8 years?
  • What opportunities and threats are faced by the headlight control module vendors?
  • What are the key factors driving the global headlight control module industry?
  • What are the key challenges for the seamless growth of this market?
  • What strategic initiatives are being implemented by the key players for business growth?
  • What are the M&A activities that have transpired in the last 5 years in this market and what impact have they had on the industry?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Markets Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered in the Report
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology
    2.1 Research Data
    2.2 Secondary Data
    2.3 Primary Data
    2.4 Market Size Estimation
    2.5 Market Crackdown and Data Triangulation
    2.6 Assumptions

3 Executive Summary

4 Premium Insights

5 Market Overview
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
           5.2.2 Restraints
           5.2.3 Opportunities
           5.2.4 Challenges

6 Global Market, By Technology
    6.1 Introduction
    6.2 Halogen
    6.3 Led
    6.4 Xenon

7 Global Market, By Function
    7.1 Introduction
    7.2 On/Off Function
    7.3 Bending/Cornering
    7.4 High Beam Assist
    7.5 Headlight Levelling

8 Global Market, By Vehicle Type
    8.1 Introduction
    8.2 Passenger Car
    8.3 Light Commercial Vehicle

9 Passenger Car HCM Market, By Vehicle Segment
    9.1 Introduction
    9.2 A Segment
    9.3 B Segment
    9.4 C Segment
    9.5 D Segment
    9.6 E Segment
    9.7 F Segment
    9.8 Suv A Segment
    9.9 Suv B Segment
    9.1 Suv C Segment
    9.11 Suv D Segment
    9.12 Suv E Segment
    9.13 Mpv Segment

10 Global Market, By Region 
     10.1 Introduction
     10.2 Asia Pacific
             10.2.1 China
             10.2.2 Japan
             10.2.3 India
             10.2.4 South Korea
             10.2.5 Thailand
     10.3 Europe
             10.3.1 Germany
             10.3.2 UK
             10.3.3 France
             10.3.4 Spain
             10.3.5 Russia
             10.3.6 Italy
     10.4 North America
             10.4.1 US
             10.4.2 Mexico
             10.4.3 Canada
     10.5 Row
             10.5.1 Brazil
             10.5.2 South Africa

11 Competitive Landscape
     11.1 Introduction
     11.2 Competitive Leadership Mapping
             11.2.1 Introduction
             11.2.2 Visionary Leaders
             11.2.3 Innovators
             11.2.4 Dynamic Differentiators
             11.2.5 Emerging Companies
     11.3 Competitive Leadership Mapping: Headlight Control Module Manufacturers, 2018
             11.3.1 Competitive Benchmarking
             11.3.2 Company-Wise Business Strategy Analysis
             11.3.3 Company-Wise Product Offering Analysis
     11.4 HCM Market Share Analysis
     11.5 Competitive Situation & Trends
             11.5.1 Expansion
             11.5.2 Supply Contracts
             11.5.3 New Product Launches/Developments
             11.5.4 Agreements/Partnerships

12 Company Profiles
     12.1 Introduction
     12.2 Hella
     12.3 Continental AG
     12.4 Magneti Marelli
     12.5 Valeo
     12.6 ZKW
     12.7 Renesas
     12.8 Lear Corporation
     12.9 Hyundai Mobis
     12.10 Aptiv
     12.11 NXP 
     12.12 Denso
     12.13 Additional Companies
             12.13.1 Koito
             12.13.2 Keboda
             12.13.3 Osram
             12.13.4 Keetec


List of Tables (19 Tables)

Table 1 Currency Exchange Rates (Wrt USD)
Table 2 Global Market, By Technology, 2019–2027 (USD Million)
Table 3 Global Market, By Vehicle Type, 2019–2027 (USD Million)
Table 4 Global Market, By Passenger Vehicle Segment Type, 2019–2027 (USD Million)
Table 5 Global Market, By Function, 2019–2027 (USD Million)
Table 6 Global Market, By Region, 2017–2027 (USD Million)
Table 7 North America HCM Market, By Country, 2017–2027 (USD Million)
Table 8 Recent Developments: Hella
Table 9 Recent Developments: Valeo
Table 10 Recent Developments: Continental
Table 11 Recent Developments: Denso
Table 12 Recent Developments: Aptiv
Table 13 Recent Developments: Osram
Table 14 Recent Developments: Magnetic Marelli
Table 15 Recent Developments: ZKW
Table 16 Recent Developments: Renesas
Table 17 Recent Developments: Lear Corporation
Table 18 Recent Developments: Hyundai Mobis
Table 19 Recent Developments: Koito Manufacturing


List of Figures (113 Figures)

Figure 1 Market Segmentation
Figure 2 Research Design
Figure 3 Research Design Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Bottom Up Approach
Figure 6 Automotive Headlight Control Module Market: Data Triangulation
Figure 7 Insights From Primary Interviews
Figure 8 Growth By Vehicle Type (2019–2027)
Figure 9 Growth By Technology (2019–2027)
Figure 10 Growth By Passenger Vehicle Segment (2019-2027)
Figure 11 Growth By Function (2019–2027)
Figure 12 Regional Variation
Figure 13 Growth of Total Market (2019–2027)
Figure 14 Market Growth, By Region
Figure 15 Top Players
Figure 16 Country Wise Growth
Figure 17 Market Dynamics
Figure 18 Ratings Provided By Iihs to Various Models in the US
Figure 19 Global Luxury Car Sales Volume
Figure 20 Product Life Cycle : HCM Market
Figure 21 Porter’s 5 Forces: HCM Market
Figure 22 Market Share Analysis: By Technology
Figure 23 HCM Market Forecast, By Halogen Headlamp Technology (2017–2027)
Figure 24 HCM Market Forecast, By Led Headlamp Technology (2017–2027)
Figure 25 HCM Market Forecast, By Xenon Headlamp Technology (2017–2027)
Figure 26 Market Share Analysis: By Vehicle Type
Figure 27 HCM Market Forecast, for Passenger Car (2017–2027)
Figure 28 HCM Market Forecast, for LCV (2017–2027)
Figure 29 Market Share Analysis: By Passenger Vehicle Segment Type
Figure 30 HCM Market Forecast, for A Segment Passenger Car (2017–2027)
Figure 31 HCM Market Forecast, for B Segment Passenger Car (2017–2027)
Figure 32 HCM Market Forecast, for C Segment Passenger Car (2017–2027)
Figure 33 HCM Market Forecast, for D Segment Passenger Car (2017–2027)
Figure 34 HCM Market Forecast, for E Segment Passenger Car (2017–2027)
Figure 35 HCM Market Forecast, for F Segment Passenger Car (2017–2027)
Figure 36 HCM Market Forecast, for SUV A Segment Passenger Car (2017–2027)
Figure 37 HCM Market Forecast, for SUV B Segment Passenger Car (2017–2027)
Figure 38 HCM Market Forecast, for SUV C Segment Passenger Car (2017–2027)
Figure 39 HCM Market Forecast, for SUV D Segment Passenger Car (2017–2027)
Figure 40 HCM Market Forecast, for SUV E Segment Passenger Car (2017–2027)
Figure 41 HCM Market Forecast, for MPV Segment Passenger Car (2017–2027)
Figure 42 Market Share Analysis:  By Function
Figure 43 HCM Market Forecast, for On/Off Function (2017–2027)
Figure 44 HCM Market Forecast, for Bending/Cornering Function (2017–2027)
Figure 45 HCM Market Forecast, for High Beam Assist (2017–2027)
Figure 46 HCM Market Forecast, for Headlight Leveling (2017–2027)
Figure 47 HCM Market, Country Wise Growth, By Value
Figure 48 HCM Market Value (USD Billion), 2017 – 2027
Figure 49 HCM Market Share, By Region, 2019– 2027
Figure 50 North America: Market Snapshot
Figure 51 North America Market Share Analysis
Figure 52 US: Market Forecast, (USD Million), 2017 – 2027
Figure 53 US: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 54 Canada: Market Forecast, (USD Million), 2017 – 2027
Figure 55 Canada: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 56 Mexico: Market Forecast, (USD Million), 2017 – 2027
Figure 57 Mexico: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 77 UK: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 78 Spain: Market Forecast, (USD Million), 2017 – 2027
Figure 79 Spain: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 80 Italy: Market Forecast, (USD Million), 2017 – 2027
Figure 81 Italy: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 82 Russia: Market Forecast, (USD Million), 2017 – 2027
Figure 83 Russia: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 84 Row: Market Snapshot
Figure 85 Rest of the World Market Share Analysis
Figure 86 Brazil: Market Forecast, (USD Million), 2017 – 2027
Figure 87 Brazil: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 88 South Africa: Market Forecast, (USD Million), 2017 – 2027
Figure 89 South Africa: Market Forecast, By Headlight Type, (USD Million), 2017 – 2027
Figure 90 Organic and Inorganic Developments
Figure 91 Organic and Inorganic Developments
Figure 92 Organic and Inorganic Developments
Figure 93 Organic and Inorganic Developments
Figure 94 Organic and Inorganic Developments
Figure 95 Top Companies as Per Headlight Control Module Market
Figure 96 Top 15 Companies
Figure 97 Competitive Leadership Dashboard
Figure 98 Company Snapshot: Hella
Figure 99 SWOT Analysis: Hella
Figure 100 Company Snapshot: Valeo
Figure 101 SWOT Analysis: Valeo
Figure 102 Company Snapshot: Continental
Figure 103 SWOT Analysis: Continental
Figure 104 Company Snapshot: Denso Corporation
Figure 105 SWOT Analysis: Denso Corporation
Figure 106 Company Snapshot: Aptiv
Figure 107 SWOT Analysis: Aptiv
Figure 108 Company Snapshot: Osram
Figure 109 SWOT Analysis: Osram
Figure 110 Company Snapshot: Renesas
Figure 111 Company Snapshot: Lear Corporation
Figure 112 Company Snapshot: Hyundai Mobis
Figure 113 Company Snapshot: Koito Manufacturing

The study involves 4 main application types in estimating the current size of the global headlight control module market. Exhaustive secondary research was completed, and the information was collected on the market for the headlight control module based on the headlight technology type, application type, vehicle type, passenger vehicle segment type, and by region. Model mapping of different countries was conducted to estimate the penetration of the headlight control module in these countries. After estimating the market by volume, we multiplied the volume by the average selling price of a country to estimate the market by value. The next step involved validating the findings, assumptions, and market analysis with industry experts across the value chains through primary research. The bottom-up approach was used to estimate the complete market size for different segments considered under the study.

Secondary Research

The secondary sources referred for this research study include corporate filing (such as annual reports, press releases, investor presentations of companies), white papers, certified publications, articles from recognized authors, related associations and various key databases.  

Primary Research

Extensive primary research has been conducted after acquiring an understanding of the scenario of the global market through secondary research. Several primary interviews have been conducted with the market experts from both the demand and supply side players across the four major regions, namely North America, Europe, Asia Pacific, and Rest of World (Brazil and Russia). Primary data has been collected through questionnaires, emails, and telephonic interviews. In canvassing primaries, we have strived to cover various departments within organizations, such as sales, operations, and administration to provide a holistic viewpoint in our report.

After interacting with industry experts, we have also conducted brief sessions with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject-matter experts’ opinions, has led us to the findings as described in the remainder of this report.

Headlight Control Module Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The market size of the headlight control module has been calculated using the bottom-up approach. Extensive secondary and primary research has been carried out to understand the global market scenario for this market. Several primary interviews have been conducted with key opinion leaders toward the headlight control module products. Qualitative aspects such as market drivers, restraints, opportunities, and challenges have been taken into consideration while calculating and forecasting the market size.

Data Triangulation

All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All parameters that are said to affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. The data has been consolidated, enhanced with detailed inputs and analysis from MarketsandMarkets, and presented in the report.

Report Objectives

  • To define, describe, and forecast the global market based on headlight technology, function, vehicle type, vehicle segments, and region
  • To forecast the market size of the global market, by volume and value, based on technology (halogen, LED, and xenon)
  • To project the market size of the global market, by volume and value, based on function (on/off function, bending/curve lights, cornering lights, high beam assist, and headlight leveling)
  • To forecast the market size of the global market, by volume and value, based on vehicle type (passenger car and light commercial vehicle)
  • To further forecast the market size of the global market, by volume and value, on the basis of passenger vehicle segment (A Segment, B Segment, C Segment, D Segment, E Segment, F Segment, SUV A Segment, SUV B Segment, SUV C Segment, SUV D Segment, SUV E Segment, and MPV Segment)
  • To forecast the global market, in terms of volume and value, on the basis of 4 key regions—Asia Pacific (China, India, Japan, South Korea, and Thailand), Europe (France, Germany, Italy, Russia, Spain, and the UK), North America (Canada, Mexico, and the US), and RoW (Brazil and South Africa)
  • To provide detailed information about major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the opportunities in the market for stakeholders and provide details of the competitive leadership mapping for market players
  • To strategically profile key players and comprehensively analyze their market shares and core competencies
  • To track and analyze competitive developments such as joint ventures, mergers & acquisitions, new product developments, and R&D in the headlight control module market

Scope of the Report

Report Metric

Details

 

Market Size Available for Years

 

2018–2027

Base Year Considered

2018

Forecast Period

2019–2027

Forecast Units

Value (USD Billion)

Segments Covered

By Technology, By Function, By Vehicle Type, By Passenger Vehicle Segment, and By Region

Geographies Covered

Asia Pacific, Europe, North America, and RoW

Companies Covered

Hella (Germany), Valeo (France), Continental (Germany), Denso (Japan), Hyundai Mobis (South Korea), among others with a total of 15 companies covered.

This research report categorizes the global market by technology, by function, by vehicle type, by passenger vehicle segment, and by region.

Global Market, By Technology

  • Halogen
  • LED
  • Xenon

Global Market, By Function  

  • On/Off Function
  • Bending/Cornering
  • High Beam Assist
  • Headlight Leveling

Global Market, By Vehicle Type

  • Passenger Car
  • Light Commercial Vehicle

Global Passenger Car HCM Market, By Vehicle Segment

  • A Segment
  • B Segment
  • C Segment
  • D Segment
  • E Segment
  • F Segment
  • SUV A Segment
  • SUV B Segment
  • SUV C Segment
  • SUV D Segment
  • SUV E Segment
  • MPV Segment

Global Market, By Region

  • Asia Pacific
    • India
    • Japan
    • China
    • South Korea
    • Thailand
  • Europe
    • France
    • Germany
    • Spain
    • UK
    • Italy
    • Russia
  • North America
    • US
    • Canada
    • Mexico
  • Rest of the World (RoW)
    • Brazil
    • Russia

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs.

The following customization options are available for the report:

Global Market, By Function And Country

  • On/Off Function
  • Bending/Cornering
  • High Beam Assist
  • Headlight Leveling

 (Note: Countries included in the study: China, India, Japan, South Korea, Thailand, Germany, UK, France, Spain, Italy, US, Canada, Mexico, Brazil, Russia)

Report Code
AT 7205
Published ON
Jun, 2019
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